Tag : Bank

Dinosaur Merchant Bank Appoints Dipak Rajani as Managing Director – Global Head of Distribution & Client Relations
Banking Finance News

Dinosaur Merchant Bank Appoints Dipak Rajani as Managing Director – Global Head of Distribution & Client Relations

EIN Presswire
by EIN Presswire0
We are delighted to welcome Dipak Rajani to Dinosaur Merchant Bank (DMBL) as Managing Director – Global Head of Distribution & Client Relations. We are delighted to welcome Dipak Rajani to Dinosaur Merchant Bank Limited (DMBL) as Managing Director – Global Head of Distribution & Client Relations. Dipak brings extensive experience across institutional......
Five AI Governance Questions Every Bank Should Be Ready to Answer
Artificial Intelligence Banking Finance Fintech Industry Perspectives Lending

Five AI Governance Questions Every Bank Should Be Ready to Answer

Wendy Wilson
by Wendy Wilson0
For the past several years, the conversation around artificial intelligence in banking has focused on adoption. How can financial institutions use AI to make faster lending decisions, detect fraud more effectively, improve customer service or automate routine tasks? Those questions remain important, but they are no longer the only ones......
Wells Fargo Awards $1.3 Million Grant to Ascendus to Grow Small Businesses Across Four States
Fintech Funding Investment Services News

Wells Fargo Awards $1.3 Million Grant to Ascendus to Grow Small Businesses Across Four States

EIN Presswire
by EIN Presswire0
Announced on stage at the iHeartRadio New York’s Z100 Summer Bash presented by Wells Fargo, the grant pairs $900,000 in capital with more than 200 hours of coaching for entrepreneurs, supporting 170+ jobs At the iHeartRadio New York’s Z100 Summer Bash presented by Wells Fargo, Wells Fargo announced a $1.3......
West Coast Community Bank Launches Private Banking Division Serving Silicon Valley and the Peninsula
Banking News

West Coast Community Bank Launches Private Banking Division Serving Silicon Valley and the Peninsula

GlobeNewswire
by GlobeNewswire0
West Coast Community Bank (OTCQX: WCCB), a $2.9 billion community bank headquartered in Santa Cruz, Calif., today announced the launch of its Private Banking division, expanding the Bank’s presence in Silicon Valley and the San Francisco Peninsula with a team dedicated to providing a high-touch banking experience designed around each......
Provident Financial Services, Inc. Announces Pricing of Subordinated Notes Offering
Banking Finance News

Provident Financial Services, Inc. Announces Pricing of Subordinated Notes Offering

GlobeNewswire
by GlobeNewswire0
Provident Financial Services, Inc. (NYSE:PFS) (the “Company”), the holding company for Provident Bank (the “Bank”), today announced the pricing of its offering of $175 million of its 6.50% Fixed-to-Floating Rate Subordinated Notes due 2036 (the “Notes”) in a registered public offering (the “Offering”). The Notes will initially bear interest at......
Columbia Financial, Inc. Announces Completion of Freehold Bank Acquisition
Banking Finance News

Columbia Financial, Inc. Announces Completion of Freehold Bank Acquisition

GlobeNewswire
by GlobeNewswire0
Columbia Bank MHC, Columbia Financial, Inc. (Nasdaq: CLBK) (the “Company”) and Columbia Bank (collectively, “Columbia”) today announced that Columbia has completed its acquisition of Freehold MHC, Freehold Bancorp and Freehold Bank (the “Merger”) pursuant to the Agreement and Plan of Merger, dated as of June 17, 2021, by and between......
EXL Closes New $1 Billion Senior Secured Credit Facility
Banking Finance News

EXL Closes New $1 Billion Senior Secured Credit Facility

GlobeNewswire
by GlobeNewswire0
EXL (NASDAQ: EXLS), a global data and AI company, announced the closing of a new credit facility with PNC Bank, N.A., as Administrative Agent, and a syndicate of lenders that allows for borrowings of up to $1 billion. Bank of America, N.A., JPMorgan Chase Bank, N.A., and TD Bank, N.A.......
Propellus Inc. Launches AI-Enhanced Underwriting Protocol to Scale Small Business Funding Operations
Finance Fintech Funding News

Propellus Inc. Launches AI-Enhanced Underwriting Protocol to Scale Small Business Funding Operations

EIN Presswire
by EIN Presswire0
New system streamlines credit analysis and deal structuring, positioning the company to grow origination volume without a proportional increase in overhead Propellus Inc. (OTC PINK: PRPS), an Oklahoma-based alternative finance company specializing in merchant cash advances and small business capital solutions, today announced the deployment of its next-generation AI-assisted underwriting......
Dime Commercial Bank Launches Affordable Housing Group
Banking News

Dime Commercial Bank Launches Affordable Housing Group

GlobeNewswire
by GlobeNewswire0
Dime Commercial Bank today announced its entry into the affordable housing space with the launch of a dedicated group that will serve developers that are building or preserving affordable and workforce housing. The launch of the Affordable Housing Group is part of Dime’s growth plan to expand specialized commercial banking......
CalPrivate Bank Announces Appointment of New Chief Credit Officer
Banking News

CalPrivate Bank Announces Appointment of New Chief Credit Officer

GlobeNewswire
by GlobeNewswire0
Private Bancorp of America, Inc. (PBAM) (“Company”), the parent company of CalPrivate Bank (“Bank”) announced the appointment of Andra Frazier as the Bank’s new Executive Vice President and Chief Credit Officer. Ms. Frazier brings decades of diverse experience working in the banking industry at both regional and community banks to......
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